n NISM Certifications
XIII NISM Series XIII
Medium

A call option with a strike price lower than the spot price is considered a(n) __________ option.

Practice question from NISM Series XIII for SIF - Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    At-The-Money (ATM)

  2. B

    Out-of-The-Money (OTM)

  3. In-The-Money (ITM)

    Correct answer

  4. D

    Positive Delta

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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